Business Startup Solutions
529 Plans: What's all the Buzz?
529 Plans: What's all the Buzz? Student loan debt is unarguably one of the fastest growing deficits today. With amounts exceeding one trillion dollars (and growing every second), student loan debt nearly doubles our nation’s credit card and auto loans debt. It’s no surprise that people are face
Will you itemize in 2018?
Will you itemize in 2018? There were many notable changes with 2018 income tax reform. In this post, we will cover the personal changes that will affect Schedule A Itemized Deductions. The concept will be similar for all taxpayers, but we will focus on Married Filing Jointly Taxpayers. These prov
Why Your Business Shouldn't Be a C Corporation
Why Your Business Shouldn't Be a C Corporation With 2018 tax reform, we have received more and more questions- why shouldn’t I switch to a Corporation? In most cases the answer is simple – it’s not many situations where double taxation is advantageous. C Corp basics C Corps have many
Cryptocurrency and Bitcoin Tax Problems
Cryptocurrency and Bitcoin Tax Problems At Adam Shay CPA, PLLC we are a strategic partner, priding ourselves on being more than a boring once-a-year accountant or tax preparation firm. We have joined our crypto accounting services with tax preparation, ensuring you get the most well-rounded service
A Whole New Ballgame: Tax Reform Effects on Individuals and Businesses
A Whole New Ballgame: Tax Reform Effects on Individuals and Businesses Click Here to download a pdf version of this 2018 Tax Reform Guide! For most taxpayers, the sweeping changes to federal tax laws enacted by Congress at the end of 2017 will be most apparent when it comes time to report 2018 i